Winter Storm with High Winds Paralyzes Timmins Area
A dangerous winter storm bringing powerful winds and heavy snow has brought the Timmins region to a standstill. Stay informed about road closures and safety measures.
Category : Search result: Ontario debt
Quebec towns slam Green Fund use for debt repayment
Quebec municipalities led by Baie-Saint-Paul Mayor Michael Pilote criticize the Legault government's controversial use of the Green Fund to repay provincial debt. Learn more about the growing opposition.
Canadian non-mortgage debt delinquencies rise in Q3 2025
Equifax Canada reports increasing non-mortgage debt payment delinquencies in Q3 2025 as financial pressures mount for Canadian consumers. Learn about the concerning trend.
Sovereign Debt Picture Cloudier Heading Into 2026
Morningstar DBRS warns sovereign debt outlook worsening for 2026 due to geopolitical tensions and trade wars. Canada faces tariff risks from U.S. protectionist policies.
Sen. Jim Justice Settles $5M Tax Debt with IRS
West Virginia Senator Jim Justice and his wife agree to pay over $5 million to settle 15 years of unpaid income taxes following an IRS lawsuit. Discover the details of the case.
Canadian consumer debt reaches $2.6 trillion on mortgages
Canadian consumer debt surged to $2.6 trillion primarily due to increased mortgage borrowing. Learn how this impacts household finances and the broader economy.
Alberta's Credit Delinquency Rate Highest in Canada
Alberta's economy leads Canada with 2.3% GDP growth, yet residents face highest credit delinquency rates at 2.31%. Discover the surprising economic paradox.
Canadians Take on More Credit Amid Lower Interest Rates
TransUnion reports Canadian consumer debt reached $2.6 trillion in Q3 2025 as mortgage churn increases and economic disparities widen across provinces.
AI Debt Wave Threatens Credit Markets
Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.
Debt Refinancing: Benefits, Drawbacks & Credit Impact
Financial expert Christopher Liew analyzes whether refinancing your debt makes sense amid high interest rates and living costs. Learn the pros, cons, and credit implications.
Debt Refinancing Advice for Canadians in 2025
Personal finance expert Christopher Liew explains whether refinancing debt makes sense with current high interest rates. Learn strategic approaches to debt management.
Record online gambling debt hits young Canadians
Financial and psychology experts warn of dire consequences as Canadians bet record sums online, falling into debt. Learn how to identify risks and seek help.
Ford Government Tables 'Buy Ontario' Legislation
Ontario's government is set to table 'Buy Ontario' legislation to prioritize local businesses in procurement. Learn how this move could boost the provincial economy.
GOP Rejects Trump's $2000 Check Proposal
Republicans reject Trump's plan for $2000 household checks, citing inflation and debt concerns. Learn how this populist proposal divides the GOP on economic policy.
Ontario man asleep in truck faces impaired charges
A Northern Ontario man faces impaired driving and drug trafficking charges after police found him asleep in his truck. Full details on the incident and charges.
Interim PBO's Fiscal Honesty Threatens His Job
Interim Parliamentary Budget Officer Jason Jacques exposes unsustainable debt and accounting concerns in Carney government's budget. Will his transparency cost him the permanent position?
45% of Canadians One Emergency From Debt
Nearly half of Canadians would fall into debt from a single unexpected expense, with financial stress impacting sleep and causing widespread anxiety across the country.
Pay Off Debt Faster Without Feeling Deprived
Financial expert Christopher Liew shares actionable strategies for Canadians to eliminate debt quickly while maintaining their lifestyle and social happiness.
Scotiabank fined $34k for harassing debt calls
Scotiabank will pay nearly $34,000 after Consumer Protection B.C. found the bank harassed a client with over 100 collection calls. Learn your rights against debt collection harassment.
Court upholds convictions in Thunder Bay execution murder
Appeal court dismisses challenge from men convicted in 2019 execution-style murder of Lee Chiodo over drug debt. Read the latest on this Northern Ontario case.
Honda CR-V: Ontario's Most Stolen Vehicle in 2024
A new report reveals the Honda CR-V was the most stolen vehicle in Ontario last year. Discover the full list and what makes these SUVs a target for thieves.
NDP party debt-free while B.C. faces budget challenges
B.C. NDP treasurer reveals party eliminated debt and built $9M surplus, creating stark contrast with provincial finances under Eby government's management.
Amazon's $12B Bond Sale Fuels AI Infrastructure Race
Amazon plans its first U.S. dollar bond sale in three years, seeking $12 billion to fund AI infrastructure, acquisitions, and share buybacks amid tech sector spending surge.
Fatal small plane collision in southeastern Ontario
One person killed when two small aircraft collided in southeastern Ontario. Ontario Provincial Police investigating the tragic aviation incident that occurred on November 15, 2025.
Ontario consolidates conservation authorities, impact on Ottawa
Ontario is amalgamating its 36 conservation authorities into seven new regional bodies. Learn what this means for flood management and environmental oversight in the Ottawa area.
Oracle CDS Jump 13.5% Amid AI Investment Concerns
Oracle's credit default swaps surge as investors hedge against $500B AI infrastructure spending. Debt could reach $290B by 2028 amid revenue uncertainty.
Carney's budget fails to address Canada's economic crisis
John Snobelen analyzes why Prime Minister Mark Carney's first budget demonstrates timidity instead of bold action needed for Canada's economic challenges. Read more.
Fitch Warns of 'Slippery Slope' for Canada's Finances
Fitch Ratings maintains Canada's AA+ credit rating but warns of fiscal risks from rising deficits and debt. Learn about the agency's concerns and what it means for the economy.
Double winter storm hits London region early
London, Ontario faces back-to-back winter storms bringing heavy snow and power outages. Early season snowfall surprises residents, with more severe weather expected.
AI Spending Fears Hit Big Tech Bond Market
Investor anxiety over massive AI infrastructure spending by tech giants spills into bond markets, driving up debt costs. Get the latest analysis on this market shift.
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